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Home ON St. Catharines - Niagara St. Catharines Queenston
16 MITCHELL STREET
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16 MITCHELL STREET $6,490,000
$6,490,000
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16 MITCHELL STREET
St. Catharines (E. Chester), Ontario L2R3W4

MLS® Number: X12200594
0
Bathrooms
-
Square Feet

Listing Description

This strategically located 4.05-acre parcel presents an exceptional opportunity for builders, developers, and investors seeking high-density residential development in St. Catharines thriving market. The site offers flexible development potential including 90+ traditional townhomes or 136 stacked townhomes, or up to 300 apartment units - with servicing capacity already confirmed for maximum density. The land's current per-door cost sits significantly below market value, creating immediate equity potential. Situated just 5 minutes from QEW access, the property provides quick connectivity to Toronto and the world-renowned Niagara Falls, while benefiting from St. Catharines; 12% population growth since 2020 and sub-2% rental vacancy rates. With pre-consultation already underway with city planners and multiple exit strategies available - from build-to-sell to land banking (8-12% annual appreciation) - this offering represents a rare chance to secure high-density land at a basis well below cost in one of Niagara's most dynamic urban nodes. (40626376)

Location Description

Eastchester Ave

Property Summary

Property Type
Vacant Land
Community Name
450 - E. Chester
Land Size
50 x 610 FT ; 58.79 x 610.15 x 386.75 ft x 320.14|2 - 4.99 acres
Annual Property Taxes
$16,011
Parking Type
No Garage
Time on REALTOR.ca
10 days

Building

Bathrooms
Total
0
Utilities
Utility Type
Cable (Available), Electricity (Available)
Parking
Parking Type
No Garage

Land

Lot Features
Frontage
50 ft
Land Depth
610 ft
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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